The market capitalization of real-world assets (RWA) has surged past $65 billion, marking a 44% increase since the start of the year. Ethereum leads the sector with a 33% market share, followed by Provenance blockchain at 27%. BNB Chain, XRP Ledger, and Solana each hold approximately 6% of the market. Despite the growth, the RWA market remains competitive, with no clear leader emerging as blockchains differentiate themselves through compliance tools, settlement finality, and cost structures.